The recent NFPA Economic Update Webinar featured Eric Post, a Senior Economist from ITR Economics. Eric ensures quality of forecast reports, including NFPA’s U.S. forecast report that members know and use today. Eric’s presentation gives an update on current economic challenges and the future of the fluid power industry. He uses leading indicators and NFPA member data to analyze and predict market trends. A few highlights include:
- Inflation will ease, but to a higher level than the previous decade.
- Labor market will remain tight for the foreseeable future.
- Despite challenges, growth will continue for the next three years.
These insights and more are available to NFPA members in the archived recording of the webinar.
An NFPA “Members Only” username and password is needed to view the archived webcasts. Members who do not have a username and password can request one at the following webpage (https://web.nfpa.com/account/register.aspx?ReturnUrl=)
Questions or problems concerning the webinar archive can be directed to Pete Alles at palles@nfpa.com or (414) 778-3372.
Looking for more data and insights? Visit NFPAHub.com/stats for a full list of Market Information Resources.
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